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US envoy praises Iraq-Turkey oil deal
U.S. envoy Tom Barrack praised the oil agreement between Iraq and Turkey, describing it as "wonderful diplomatic leadership from both sides." The agreement aims to transfer and load Iraqi oil through the Iraqi-Turkish pipeline to the port of Ceyhan, with a maximum capacity of 750,000 barrels per day. It is considered a strategic achievement to enhance oil exports and economic cooperation between the two countries. Iraqi Prime Minister also affirmed that this agreement represents an important step toward stability and development, with efforts underway to complete framework agreements covering other sectors such as electricity and water.
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